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Three Phase Recloser Market Share

Report ID: GMI7633
Published Date: Dec 2023
Report Format: PDF

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Three Phase Recloser Market Share

Reclosers are important devices used in power distribution networks to protect and automatically restore power in the event of a fault. Key industry players are being actively engaged in product innovation & product launch, along with merger & acquisition to remain competitive in the market. Eminent players across the industry are focusing on various strategic assets comprising innovative system range, merger & acquisition, robust research & development activities as a part of their strategic initiatives.

Three Phase Recloser Market Companies

Prominent industry players operating across three phase recloser industry include:

ABB
Eaton
Schneider Electric
Siemens
NOJA Power Switchgear Pty Ltd
Tavrida Electric
Hubbell
Hughes Power System
S&C Electric Company
G&W Electric
ENTEC Electric & Electronic
ARTECHE
Shinsung Industrial Electric
ENSTO
Rockwill

Authors: Ankit Gupta, Shashank Sisodia

Frequently Asked Questions (FAQ) :

The market size of three phase recloser was reached USD 1.1 billion in 2023 and is poised to expand at over 6.3% CAGR from 2024 to 2032, driven by the surging demand for electricity along with the growing necessity for upgrading existing electrical infrastructure.

The electronic three phase recloser market is projected to witness about 6.1% CAGR through 2032, owing to the ongoing evolution of the power distribution domain.

Asia Pacific accounted for more than 39% revenue share of the three phase recloser industry in 2023 and is poised to record substantial growth through 2032, attributed to the rising need for electricity coupled with the ongoing expansion of points of connection in the region.

Some of the major three phase recloser firms are NOJA Power Switchgear Pvt. Ltd., ABB, Eaton, Schneider Electric, Siemens, Hughes Power System, S&C Electric Company, ENTEC Electric & Electronic, ARTECHE, ENSTO, and Rockwill.